Elastic NV vs Ishares Msci Spain ETF — how do they compare? Elastic NV trades at $95.26 (market cap $10.00B), while Ishares Msci Spain ETF trades at $57.83 (market cap $2.30B). The key difference: Elastic NV is far larger — about 4.3× Ishares Msci Spain ETF's market cap, and Elastic NV is trading nearer its 52-week high, Ishares Msci Spain ETF nearer its low. Which is the better fit depends on your goals — on Pluang, investors hold Elastic NV for 10 Days and Ishares Msci Spain ETF for 40 Days on average.
| ESTC | EWP | |
|---|---|---|
Market Cap | $10.00B | $2.30B |
Volume | 1,610,337 | 845,747 |
Sector | Technology | Broad Market / Factor |
52-Week High | $99.91 | $63.23 |
52-Week Low | $43.30 | $48.33 |
Typical Hold Time | 10 Days | 40 Days |
Enterprise Value | $9.14B | — |
Signals from Pluang's Aura AI — not financial advice
Elastic (ESTC) trades at $93.10, down 1.59% today but maintains strong technical momentum with a bullish moving average signal. The company shows robust revenue growth with Q2 2026 EPS beating expectations at $0.70 versus $0.584, and analyst consensus remains strongly positive with 22 buy ratings and no sell recommendations. Recent product launches including AI-powered metrics and serverless vector database enhancements demonstrate ongoing innovation.
The outlook remains favorable with projected revenue growth to $1.8B in 2026 and net income turning positive to $376M. Key risks include high valuation multiples and competitive pressures in the enterprise software space. The consensus price target of $79.50 suggests potential downside from current levels despite strong fundamentals.
EWP, the iShares MSCI Spain ETF, trades at $57.82, down 1.73% on the day amid a bearish technical signal. The ETF offers concentrated exposure to Spanish equities with a discounted 16x P/E and 2.7% yield, heavily weighted in financials and utilities. Recent ECB rate hikes to 2.5% and energy-driven inflation pressures create macroeconomic headwinds for European markets.
While EWP provides attractive valuation and yield, the bearish technical outlook and ECB tightening cycle present near-term challenges. The concentrated portfolio in Spanish banks and utilities offers stability but limits diversification. Upside potential depends on Spain's economic resilience amid broader eurozone pressures.
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Elastic NV provides a leading search AI platform built on Elasticsearch. Its software helps organizations find, observe, and protect data through search-powered analytics for various cloud-based applications.
Read more on ESTC →EWP is a country-specific ETF that tracks the performance of the Spanish equity market. It provides targeted access to large and mid-sized companies in Spain, with heavy weightings in financials and utilities like Banco Santander and Iberdrola.
Read more on EWP →